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Scams are facilitated by fraudulent marketing campaigns and malicious payment processors. Take the Triton Capital Markets broker, for example. The scam, allegedly operated by Karello D Buro LLC, registered in St. Vincent and the Grenadines, has been warned against by the Austrian Financial Market Authority (FMA) on February 18, 2021 (report here). However, it has been facilitated by Investors Center, Trading Academy 360, and Praxis Cashier. Here are a few more details.
Investors Center chases victims
Whistleblowers have sent us screenshots of email communications proving that Triton Capital Markets was facilitated by Investors Center (http://www.theinvestorcenters.com), which acts as introducing broker (IB) and converts unsuspecting people into scam victims. Investors Center appears as a clone of the information service provider The Investor Center which has only a slightly different domain (www.theinvestorcenter.com). On its websites, it offers to teach potential victims to train and educate them trading techniques. However, the website does not specify an operator and provides the UK as the governing law.
We registered today at Investors Center were redirected to the payment page of the scam broker AroxCapital (http://www.aroxcapital.com), which we have already warned about (report here). This scam, in turn, originates from the same white-label scam platform as the Plutus Racket scams (read reports here).
Trading Academy 360
Also linked to the Triton Capital Markets scam is the alleged trading education platform Trading Academy 360 (http://www.tradingacademy360.com), where you can buy trading courses from €255 to €999. The Polish Karexa Group sp z.o.o. operates the website. We found Praxis Cashier as the scheme’s payment processor. Integrated into the cashier as payment options are credit and debit cards and Klarna, Trustly, and advcash.
Obviously, Trading Academy 360 is used by the broker scams as an illegal payment processor, and deposits from victims of the scams are labeled “purchase of trading courses.” The boiler room agents behind Triton Capital Markets send payment links to victims, leading to Trading Academy 360 (screenshot on the left).
If you have any information about Investors Center, Trading Academy 360, or the related broker scams, we would be grateful if you could share it with us. Then, together we can take action against it.